L2.3Explore new revenue sources to support climate action
Progress
- Not started
- Planning
- Implementation
- Continuous
Official description
Description
The City of Surrey funds climate action through various revenue sources, including property taxes, contributions from senior levels of government, and external grants. However, additional funding will be required to support the accelerated and expanded climate action outlined in the CCAS and to meet the City’s climate targets. Establishing a consistent funding source is critical to ensure the long-term viability of these initiatives, enable effective planning, and support their continued success.
This action will involve City staff exploring new revenue sources to expand and stabilize funding for climate action initiatives. This effort will be guided by a resourcing review to assess the additional financial and staff resources needed to fully implement the CCAS.